Leading market position in Hungary and strong franchise in a number of Central, Eastern, and Southeastern European countries (CESEE) as well as the Commonwealth of Independent States (CIS). Sound risk-adjusted margins and diversified loan portfolio and earnings by geography and assets. Substantial digitalization efforts with noteworthy digital franchise. Potential execution risks from acquisitions. Risks related to rapid organic growth. Large holdings of home-sovereign debt securities carrying repricing risks. The stable outlook on OTP Bank reflects our view that the bank will continue its growth path and withstand macroeconomic pressure during the economic slowdown, given its good earnings generation and prudent risk management. Based on its track record, we expect that the group will also ensure sufficient capitalization in case of
